Imposted Meaning: Definition, Examples, and Translations
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imposted
[ɪmˈpoʊstɪd ]
Definition
law term
Imposted refers to a specific legal condition or framework which allows tax or duty to be levied upon a particular entity or individual. It often pertains to the imposition of taxes, levies, or financial obligations that are enforced by governing bodies. In historical contexts, it may relate specifically to tariffs or duties that were imposed on imported goods. In various legal texts, the term is used to clarify responsibilities regarding these financial obligations, highlighting the enforcement of law in economic transactions.
Synonyms
Examples of usage
- The goods were subject to imposted taxes at the border.
- The imposted duties affected the overall cost of imports.
- Businesses must comply with imposted regulations to avoid penalties.
Translations
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Origin of 'imposted'
The term 'imposted' originates from the Middle English word 'imposten', derived from the Latin 'imponere', which means 'to place upon' or 'to impose'. This etymology reflects the action of placing a duty or burden on something or someone, particularly in the context of financial obligations. Historically, 'impost' has been used since the 15th century to refer to various taxes, particularly those imposed on goods and commodities. Over time, while the specific meanings of the term evolved, the core notion of levying duties or obligations has remained central. The usage of this word within legal frameworks has helped to formalize the imposition of taxes and duties, making it an essential term in discussions about fiscal policies and economic regulations.